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Optimistic Investors Push Ninebot Limited (SHSE:689009) Shares Up 27% But Growth Is Lacking
Ninebot Limited (SHSE:689009) shares have continued their recent momentum with a 27% gain in the last month alone. Notwithstanding the latest gain, the annual share price return of 9.7% isn't as im
Ninebot's (SHSE:689009) Earnings May Just Be The Starting Point
Ninebot Limited (SHSE:689009) just reported some strong earnings, and the market reacted accordingly with a healthy uplift in the share price. However, our analysis suggests that shareholders may be
No. 9 Company - WD (689009): Performance exceeded expectations, and marginal improvements in many businesses
Investment advice: The company's 2024Q1 performance exceeded expectations, and the growth potential is expected to continue. We raised our 2024-2026 profit forecast, and the 2024-2026 EPS is expected to be 11.72/15.09/1
No. 9 Company (689009): 2024Q1 performance exceeds expectations, two-wheelers, all-terrain vehicles, and lawnmower robots continue to grow at a high rate
2024Q1's performance exceeded expectations, with high growth in two-wheelers, all-terrain vehicles, and lawnmower robots. Maintaining the “buy” rating 2024Q1, the company achieved revenue of 2,562 billion yuan (+54.18% year on year, same below), and net profit 1
No. 9 Company (689009): Rapid growth of Q1 independent brands, significant improvement in profitability
Incident: On the 9th, the company announced its 2024 quarterly report. In the first quarter of 2024, the company achieved revenue of 2.56 billion yuan, YoY +54.2%; net profit to mother of 140 million yuan, YoY +675.3%. Company Q1
No. 9 Company (689009): 1Q24 gross margin reached a record high; profit inflection point is beginning to appear
1Q24 performance exceeded market expectations The company announced 1Q24 results: revenue of 2.56 billion yuan, +54.2% year on year; net profit to mother of 136 million yuan, +675.3% year over year, net profit of non-return to mother of 142 million yuan
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